6541 E Highway 20LucerneCA95458
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Lucerne at 6541 E Highway 20, Lucerne, CA, 95458 generates $1,283/mo in rent, after a $1,268/mo payment. Total monthly income is $1,283/mo. Return on cash invested sits at 15.44% in year one, and rental yield is 5.94% on a $259,000 entry. Equity gained on principal adds $1,671/yr, while 5% annual appreciation builds toward $71,557 over five years. Five-year ROI reaches 78.9% and total cumulative return in cash sums $67,744. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,283/mo property income rather than buyer’s personal income.
Manufactured
Built in 1973
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95458, Lucerne, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,465 (100%) |
| Owner Occupied HU | 732 (50.0%) |
| Renter Occupied HU | 383 (26.1%) |
| Vacant Housing Units | 350 (23.9%) |
| Median Home Value | $302,564 |
| Average Home Value | $410,656 |
Housing Distribution
Address Breakdown
Residential
695
Single Family
665
Multi-Family
30
Businesses
37
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Listed by: Tori Minton • Pivniska Real Estate Group
Mls Name: CRMLS
Mls ID: #LC25173701